3D Eye Solution's Cutting-Edge Technology to be Showcased at Art Fest Expo Center in DallasLONGWOOD, Fla., Jan. 29 — (PRNewswire) — 3D Eye Solutions, Inc. (Pink Sheets: TDEY) is pleased to announce that the Company has signed a license agreement with Artfest International, Inc. (OTC Bulletin Board: ARTS), which will enable 3D Eye to enter into the multi-billion dollar fine art and sports collectibles and memorabilia market. Artfest International will be installing 3D Eye Solution's proprietary 3D "without" glasses display at its 52,000 square foot state of the art expo center in Dallas, Texas. Artfest International will now be able to convert and display its world-renowned artists' fine art, sports memorabilia, and athletes' collectibles in 3D. One of the first series under the Artfest label to be converted into 3D will be "Rhupert!"
Artfest International's relationship with 3D Eye will play a key factor as the company continues to integrate new technologies into the art world. According to a report by the U.S. Display consortium, the 3-D display market is expected to grow to above $300 Million by 2011 ( http://www.usdc.org/resources/downloads/3D_Report_2007.pdf). The 3D industry is also transcending into other artistic areas such as movies and music. Box office receipts through last weekend in the United States alone of James Cameron's "Avatar" grossed over $550 Million, with 75 percent of the receipts coming from 3D theaters, according to Digital Journal.com.
3D Eye Solutions recently announced that the Company's 3-D conversion for Michael Jackson's "Earth Song" will be featured this weekend at the 52nd Annual GRAMMY Awards show as part of a special tribute planned in honor of Michael Jackson. The show will air live from the Staples Center in Los Angeles on CBS from 8:00 – 11:30 pm, this Sunday January 31. The GRAMMY Awards are telecast annually to an international audience of over 2 billion in 180 countries. This special segment represents a GRAMMY technical breakthrough in that it will be the first time a major awards show will have portions of its program broadcast in 3-D. In order for viewers to enjoy this unique 3-D TV experience at home, CBS and Target have collaborated to provide millions of free 3-D GRAMMY Glasses. Through Sunday, Jan. 31, Target stores nationwide will exclusively offer these 3-D GRAMMY Glasses so that fans have the opportunity to see the film.
"We are excited about the relationship we have developed with 3D Eye Solutions. Artfest International is always looking for ways to integrate the latest cutting edge technology with art and 3D Eye's conversion technology will bring the art world into a whole new light," stated Edward Vakser, CEO of Artfest International, Inc.
"The relationship with Artfest shows how our proprietary 3-D conversion technology can have an impact on various vertical markets. Whether it is the music industry and the work we did with the 'Earth Song' for Michael Jackson, or fine art and sports collectibles, 3-D has a number of applications and is the new medium for the 21st century," stated Mike Gibilisco, CEO of 3D Eye Solutions, Inc.
About Artfest International, Inc.
Artfest International, Inc. brings together artists, investors, decorators, designers, private collectors and art galleries. Artfest International's corporate site is www.artfestinternational.com. Artfest's subsidiaries are Art Channel, Inc. ( www.artchannel.tv), and Art Channel Galleries, Inc. ( www.ArtChannelGalleries.com), offering the most exciting product and rewards program in the history of direct sales marketing.
About 3D Eye Solutions, Inc.:
3D Eye Solutions, Inc. is a service provider and integrator for the 3D Stereo and Auto-stereo media industry that covers a wide range of markets. 3D Eye Solutions, Inc. produces and processes media content for corporate, venues, and trade show events. The Company also provides turnkey systems and converts existing media to enable end users to showcase properties in multi-view format. For more information, please visit the Company's Web site: www.3deyesolutions.com.
Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.
SOURCE 3D Eye Solutions, Inc.
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Artfest International, Inc.
Investor Relations, 3D Eye Solutions, Inc.
Investor Relations, Artfest International, Inc.